Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Its boronate ester group facilitates palladium-catalyzed coupling with aryl or vinyl halides, making it valuable in pharmaceutical, agrochemical, and materials science research. Particularly useful for introducing bulky naphthyl groups into target structures, enhancing the efficiency of conjugated system construction in organic electronics and luminescent compounds. Stable and easy to handle, it supports high-yield transformations under mild conditions.